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Answer:
Hello your question lacks the required spreadsheet attached below is a spreadsheet and the completely filled spreadsheet
Explanation:
Amortization = 140,000 / 20 = 7000
average service life = 20
<em>The missing amounts are </em>
service cost = $104
gain on PBO = $28
prior service cost = $0
expected return on plant assets = $ 46.40
loss on assets = $16
cash funding = $88
retirees benefits = $50
prior service cost = $14
interest cost = $42
Answer:
Commercial business.
Explanation:
An institution that facilitates the channeling of funds between lenders and borrowers indirectly. And this all are the examples of the same.
Banks.
Mutual savings banks.
Savings banks.
Building societies.
Credit unions.
Financial advisers or brokers.
Insurance companies.
Collective investment schemes.
cooperative societies
Stock exchanges
Commercial business is not a financial intermediary, but this includes the distribution of goods & services and this include all the asset and liabilities of the business and doesn't take into account the operations.
Answer:
Explanation:
1) False. As depreciation is a process of cost allocation, not asset valuation.
2) True.
3) False. As the book value is different from market value and it can be more or less.
4) False. As depreciation applies only to building and equipment.
5) False. The correct statement ought to be depreciation does not apply to land because its usefulness and revenue-producing ability generally remain intact over time.
6) True.
7) False. Recognizing depreciation on assets results in an accumulation of cost for replacement of the asset.
8) True.
9) False. Accumulated depreciation is recorded in a balance sheet while depreciation expense is reported in the income statement.
10) False. As salvage value is the same as residual value, hence, it three factors affect the computation of depreciation.
Answer:
I yyyyyyyyyyyyyyyyyyyyttyy believe that you are not doing this for you and your sister in law and you have a lot of friends to do
Explanation:shagsvsbdbdissbevegbubtalkingnwbou y isle tab efor ee
